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Mississauga Real Estate Market News – May 2019 – CommunityEast Credit

(Source: MLS Listings – see map for area boundaries)

Detached Homes Mississauga Real Estate - East Credit

There was a total of 33 detached homes sold in the East Credit community this May, compared to 26 detached homes sold in May 2018. The average sale price was $1,225,222, which is a 25.4% increase from May 2018 average sale price of $976,704. The average days on the market was 22 days, a slight increase from May 2018 which averaged 15 days on the market. The lowest price of a home sold was $805,000 while the highest price of a home sold was $1,992,000.

Semi-Detached Homes & Townhouses

There was a total of 8 semi-detached homes and townhouses sold in the East Credit community this May, compared to 13 semi-detached homes and townhouses sold in May 2018. The average sale price was $785,563, which is a 4.5% increase from May 2018 average sale price of $751,654. The average days on the market was 23 days, a slight increase from May 2018 which averaged 14 days on the market. The lowest price of a home sold was $750,000 while the highest price of a home sold was $825,000.

Condominiums & Apartments

There was a total of 7 condominiums and apartments sold in the East Credit community this May, compared to 9 condominiums and apartments sold in May 2018. The average sale price was $586,643, which is a a 4.8% increase from May 2018 average sale price of $616,444. The average days on the market was 20 days, a slight increase from May 2018 which averaged 15 days on the market. The lowest price of a home sold was $410,000 while the highest price of a home sold was $663,000.

Note: “Condominiums & Apartments” include all properties (detached or semi-detached) with shared amenities and monthly maintenance fees.

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Interested in last month’s activity in this area? Check out last month’s stats here on the Mississauga real estate activity. 

Find My Nest is Mississauga’s leading cash back realtor. If you’d like more information on the Mississauga real estate activity in your area, a FindMyNest agent would be happy to assist you: 647-499-1661 or info@findmynest.ca

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